The Ozamiz City Hall. (PNA file photo)
OZAMIZ CITY, Misamis Occidental – The local government here has extended the auction of items owned by a commercial store that failed to settle unpaid taxes amounting to PHP88.3 million.
Rutheza Grace Ouano, Local Treasury Operation Officer, said Thursday the auctioned goods consisted of grocery items, dry goods, electronics, and appliances.
Numbering 30 lots, the grocery items are being sold at a starting bid price of PHP10,000 to PHP500,000.
The bid price of appliances had discounts of PHP10,000 while perishable goods nearing expiry were offered at discounts of 35 percent to 50 percent.
"Some items will likely have a 'buy-one-take-one' bargain, with a 35 percent discount. This is already cost-friendly," Ouano said in a statement.
The auction, which began early this month, stems from the commercial store's unpaid tax obligations, in violation of the city's 2013 Revised Omnibus Revenue Code.
Ouano said the city government has reached out to public bidders, except for minors, government employees, and their relatives up to the fourth degree of affinity. (PNA)
